Newsletter

April 24, 2002

Volume V, Issue 30

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XML Global Technologies (OTC BB: XMLG)- In the News- Momentum Continuing

In this past weekend's edition we reincarnated our coverage of XML Global, betting the company's momentum would carry the stock back towards the $1 level later this year, and additional capital would be coming their way to insure they would have every chance to show what they could do. Click Here if you wish to review that edition.

Since the company was featured in the December 19th edition of Business Week, there have been nine different substantive events which lead us to conclude the company is finally beginning to gather momentum.

This morning, just prior to the market open, the company announced its 10th fundamental development which helps confirm our suspicions that sales will be improving in the near term as demand is finally beginning to surface for their products.

XML's middleware solutions are applicable in any industry where computer systems need to exchange information, and today the company announced the signing of a distribution agreement with a partner in the Travel Industry.

While this is not the kind of news announcement we anticipate will cause the stock to double overnight, it does serve to reinforce our belief the company is on track demonstrate positive growth, and the $1 level is attainable later this year with positive corporate developments and a little help from the market.

Here is the complete text of the news release for your review:

Wednesday April 24, 8:00 am Eastern Time
Press Release
SOURCE: XML Global Technologies, Inc.

XML Global Signs Reseller Agreement with Datalex, a leader in technology solutions for global travel industry

Datalex will embed and resell XML Global's GoXML(TM) Transform and GoXML(TM) Message Service as a part of its proven technology solutions focused on Enterprise Application Integration for the global travel industry

VANCOUVER, April 24 /PRNewswire-FirstCall/ - XML Global Technologies, Inc. (OTC BB: XMLG), a leading provider of XML Middleware has signed a reseller agreement with Datalex Communications USA, Inc., a wholly-owned subsidiary of Datalex plc. Datalex, a leading provider of e-Business solutions for the global travel industry provides Information Technology (IT) solutions to the airline and travel industry and produces a range of applications and data communications solutions used in more than 25,000 locations globally.

Under the terms of the agreement, Datalex will resell XML Global's products in combination with its BookIt! MATRIX(TM) product, a standards- based platform for communicating reservation, product and operational information for travel supply and distribution enterprises including airlines, hotels, car rental agencies and rail and ferry operators. The GoXML Transform Engine will be used to enable the conversion of legacy format messages, such as EDI, into XML formats, and the GoXML Message Service will be used to allow BookIt! MATRIX customers to exchange XML messages with trading partners using the Open Travel Alliance (OTA) specifications. BookIt! MATRIX provides a common set of travel services across a wide range of systems, enabling connectivity between host sources and e-Business applications. As a part of the agreement Datalex also reserves the right to resell GoXML(TM) DB and GoXML(TM) Registry.

Datalex and XML Global, as active members of the Open Travel Alliance, are committed, along with all OTA members, to implementing the recently passed OTA XML specifications into their e-Business architectures. The recently published OTA XML specification, 2001C, is a multi-functional XML specification that supports multiple types of essential travel related transactions. The OTA specification will allow travel industry companies to build direct connects and a single interface for travel quotes, bookings, modifications and cancellations and to then scale that interface to as many partners as necessary.

Without the OTA specification, travel companies would be required to write interfaces for each and every transaction - a short sighted and very costly approach to growing business in today's global economy. By incorporating XML Global's patented XML technology into their technology solutions, Datalex is demonstrating its commitment to the OTA's vision of using leading edge technology to better meet the demands and expectations of travelers and the travel industry. The OTA's membership includes more than 150 companies representing all sectors of the travel industry, including air, car, cruise, rail, hotel, travel agencies, tour operators and associations and technology providers. For more information please visit www.opentravel.org

``By offering GoXML(TM) Transform and GoXML(TM) Message Service with BookIt! MATRIX, our premier e-Business platform for the travel industry, we will now be able to offer our customers a comprehensive e-Business solution incorporating the best of breed legacy-to-XML transformation technology supported by ebXML messaging functionality,'' said James Peters, President and Chief Technology Officer of Datalex. ``Datalex has chosen to partner with XML Global as we believe our complementary technologies will allow us to offer our travel industry clients a broad and robust set of XML integration tools for messaging and data transformation to create a compelling e-Business integration platform built for the travel enterprise.''

``With Datalex, we have found the right reseller partner with a global presence, in-depth travel industry knowledge and a long and satisfied blue chip customer base,'' said Peter Shandro, CEO of XML Global Technologies. ``Our partnership with Datalex is evidence of the relevance of this innovative and powerful XML based technology within the travel industry. Datalex, as an established market leader, has proven e-Business solutions, backed up by a knowledgeable and strong sales team and we look forward to a long and mutually profitable relationship.''

BookIt! MATRIX supports connectivity to a wide range of Global Distribution Systems (GDSs), Central Reservations Systems (CRSs), hotel and property management systems, car and hotel industry switches, private inventory hosts, loyalty management, alliance, supply partner and other systems. BookIt! MATRIX is a powerful, extensible and scalable technology architecture that is third-party friendly and ensures that a travel enterprise can continually extend its e-Business capacities without having to periodically replace its investment in technology. In addition to legacy system connectivity, BookIt! MATRIX is the integration platform for the Datalex e-Business family of products.

About Datalex

Datalex is a leading provider of technology solutions for the global travel industry. Founded in 1985, the company is headquartered in Dublin, Ireland, and maintains offices throughout the world: Europe (Amsterdam, Frankfurt, Paris, Manchester); USA (Atlanta, Petaluma, Minneapolis); and Asia- Pacific (Melbourne, Singapore).

Datalex's customers include Aer Lingus, Air Canada, Amadeus, American Airlines, American Express, AMTRAK, California State Automobile Association, Delta Air Lines, FAR&WIDE, Galileo, KLM, Lufthansa, Norwegian Cruise Lines, Singapore Airlines, SilkAir, SNCF, Thomas Cook, Trailfinders, Travelcare and Unisys. Datalex also is a strategic partner with FAR&WIDE and Worldspan. Datalex is a publicly held company traded on the Irish Stock Exchange (symbol: DLE). For more information, please visit the company's Web site at www.datalex.com.

About XML Global Technologies, Inc.

XML Global Technologies, Inc. is an XML middleware company focused on providing a methodical approach to the adoption of XML-based solutions. The Company's GoXML(TM) Transform product line provides an intuitive, modular solution for integration of structured data. Its powerful transformation engine links XML to traditional data formats, like relational and EDI. It also transforms data between various XML dialects. Transformation solutions developed with the XML Integration Workbench can be deployed to GoXML Transform Enterprise Edition for centralized management and connectivity to integration platforms, message queues, and workflow engines. Interfaces for Web Services and ebXML allow it to plug into popular e-business infrastructures.

The Company is an active member of the ebXML, UDDI, OAG, W3C and OASIS standards initiatives. Founded in May 1999, XML Global has its US headquarters in New York, NY, and a research and development office in Vancouver, BC. To find out more about XML Global Technologies (OTCBB: XMLG - news), visit our company website at www.xmlglobal.com

    PR Contact Information
    Contact   Anthony Dutton - XML Global Technologies, Inc.
              Director of Corporate Communications
    Phone     1-604-717-1100 ext.112
              1-800-201-1848 ext.112
    Email     anthony.dutton@xmlglobal.com
    Web       www.xmlglobal.com

    Contact   Frank Mantero - Datalex
              Director of PR
    Phone     1-770-255-2470
    Email     www.datalex.com

Forward Looking Statements

All statements are based on XML Global Technologies, Inc.'s current knowledge and specific assumptions with respect to future business decisions. The actual results of XML Global Technologies, Inc. may differ materially from those indicated by these forward looking statements as a result of various important factors, including, but not limited to, those discussed in the Risk Factors section of XML Global Technologies' recent registration document, SB- 2/A, which is on file with the Securities and Exchange Commission.

This Datalex press release contains certain forward-looking statements. Actual results may differ materially from those projected or implied in such forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results. These risks and uncertainties are discussed in the Company's SEC filings, including, but not limited to, the Company's Form 6-K containing this press release and certain sections of the Company's Annual Report on Form 20-F.

SOURCE: XML Global Technologies, Inc.

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MarketByte LLC has been paid the following fee by XML Global for a year of representation extending from February 2, 2001 to February 2, 2002: $100,000 cash, 60,000 shares of free trading stock, 60,000 shares of restricted stock, and 60,000 options exercisable at $2. The 60,000 shares of free trading stock have been contributed by a third party on behalf of the company. MarketByte's contract to represent the company expired February 2, 2002. The contract was renewed for another year, and XML Global has paid compensation of $20,000 in cash and agreed to tender one million shares of newly issued restricted common stock. Please review our policy on selling shares found in the Mission Statement on our Home Page.

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